Pink Printers Limited - Period Ending 2014-04-30

Registration number: 03093117

Pink Printers Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2014
 

Pink Printers Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 5

Pink Printers Limited
(Registration number: 03093117)
Abbreviated Balance Sheet at 30 April 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets		2			139,705			158,135
Investments		2			1			1
					139,706			158,136
Current assets
Debtors					114,930			402,077
Cash at bank and in hand					381,235			97,480
					496,165			499,557
Creditors: Amounts falling due within one year					(8,553)			(3,530)
Net current assets					487,612			496,027
Total assets less current liabilities					627,318			654,163
Provisions for liabilities					(8,829)			(8,319)
Net assets					618,489			645,844
Capital and reserves
Called up share capital		3			1,010			1,010
Profit and loss account					617,479			644,834
Shareholders' funds					618,489			645,844

The notes on pages 3 to 5 form an integral part of these financial statements.
Page 1

Pink Printers Limited
(Registration number: 03093117)
Abbreviated Balance Sheet at 30 April 2014
......... continued

For the year ending 30 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 August 2014 and signed on its behalf by:

.........................................
T C Wrigley
Director

The notes on pages 3 to 5 form an integral part of these financial statements.
Page 2

Pink Printers Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year. Income is recognised based on the date goods are despatched and the level of completion of services.

Depreciation

Tangible fixed assets are initially recorded at cost. Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance pro rata
Office equipment	33% reducing balance pro rata

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 3

Pink Printers Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 May 2013		191,933			1			191,934
Additions		6,680			-			6,680
At 30 April 2014		198,613			1			198,614
Depreciation
At 1 May 2013		33,798			-			33,798
Charge for the year		25,110			-			25,110
At 30 April 2014		58,908			-			58,908
Net book value
At 30 April 2014		139,705			1			139,706
At 30 April 2013		158,135			1			158,136

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings
A F Reprographics Limited	Ordinary	100%	Gravure cylinder engraving

The loss for the financial period of A F Reprographics Limited was £195,061 and the aggregate amount of capital and reserves at the end of the period was (£195,060).

Page 4

Pink Printers Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Class 'A' ordinary shares of £1 each		260			260			260			260
Class 'B' ordinary shares of £1 each		250			250			250			250
Class 'C' ordinary shares of £1 each		250			250			250			250
Class 'D' ordinary shares of £1 each		250			250			250			250
		1,010			1,010			1,010			1,010

Page 5